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2021-06-15

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Cramer's Mad Money Recap: FAANG, Microsoft, PayPal

2021-04-12

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Korean ‘Webtoons’ Firm Eyes $18 Billion Value from U.S. IPO

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ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187846563","repostId":"1191265676","repostType":2,"repost":{"id":"1191265676","pubTimestamp":1623748736,"share":"https://ttm.financial/m/news/1191265676?lang=&edition=fundamental","pubTime":"2021-06-15 17:18","market":"us","language":"en","title":"Cramer's Mad Money Recap: FAANG, Microsoft, PayPal","url":"https://stock-news.laohu8.com/highlight/detail?id=1191265676","media":"The Street","summary":"Jim Cramer says investors should think of this market as a supermarket, where smart stock shoppers c","content":"<blockquote>\n Jim Cramer says investors should think of this market as a supermarket, where smart stock shoppers can pick from among the best values available.\n</blockquote>\n<p>Investors can expect more days like today, days where some stocks are red hot while others are dropping like a stone, Jim Cramer told his Mad Money viewers Monday.</p>\n<p>Until we hear what the Federal Reserve has planned on Wednesday, Cramer said investors are likely to continue dumping the industrials and the banks in favor of the secular growth names.</p>\n<p>The stock market is indeed a market, after all, one made up of thousands of different stocks. That means it rarely trades as a single entity, Cramer reminded viewers. But before you pass the \"buy\" button on your favorite growth stock, Cramer reminded viewers that not all growth is the same.</p>\n<p>Down one shopping aisle are what Cramer dubbed the senior growth stocks, tried-and-true names like FAANG (Cramer's acronym for Facebook&nbsp;(<b>FB</b>) , Amazon&nbsp;(<b>AMZN</b>) , Apple&nbsp;(<b>AAPL</b>) Netflix&nbsp;(<b>NFLX</b>) &nbsp;and Alphabet&nbsp;(<b>GOOGL</b>) , along with Microsoft&nbsp;(<b>MSFT</b>) , Adobe Systems&nbsp;(<b>ADBE</b>) , Square&nbsp;(<b>SQ</b>) and PayPal&nbsp;(<b>PYPL</b>). On another aisle in this market are the junior growth names like Twilio&nbsp;(<b>TWLO</b>), Roku&nbsp;(<b>ROKU</b>), Etsy&nbsp;(<b>ETSY</b>)&nbsp;and DocuSign&nbsp;(<b>DOCU</b>). Cramer remains a believer in the senior names, but felt the junior names may be risky.</p>\n<p>Likewise, Cramer said he's not willing to give up on growth with steelmakers, miners and oil. That's because even if the U.S. taps the brakes on interest rates, which he doesn't think will happen, the rest of the world still has a lot of growth ahead in the coming months.</p>\n<p>In Cramer's view, the Fed is willing to sacrifice a little inflation if it means creating jobs and putting more people to work. That's a recipe for lots of sectors to continue their rally to new record highs.</p>\n<p>Cramer and the AAP team are looking at everything from earnings and politics to the Federal Reserve.</p>\n<p><b>Off the Charts: Independence Day Patterns</b></p>\n<p>In the \"Off The Charts\" segment, Cramer checked in with colleague Larry Williams for another take on the direction of the markets. This time, Williams looked at the market through the prism of the seasonal July 4 patterns.</p>\n<p>Williams noted that the last week of June is historically the worst time to sell stocks, as they always sell off during that week. The week before however, specifically the 8th or 9th last trading day of the month, has proven to be a winner. This year, those days would be Friday, June 18 or Monday, June 21.</p>\n<p>As for buying them your stocks back, Williams said that five days later is the sweet spot, or the first day after the holiday that the market trades higher.</p>\n<p>This strategy has been a winner 21 of the past 22 years.</p>\n<p><b>Executive Decision: American Express</b></p>\n<p>In his first \"Executive Decision\" segment, Cramer spoke with Steve Squeri, chairman and CEO of American Express&nbsp;(<b>AXP</b>), which has rallied 38% so far this year.</p>\n<p>Squeri said the consumer is looking a lot better than we expected coming out of the pandemic. Credit debt is down, personal savings are up and there's a lot of pent up demand to get out and spend. Even in the beleaguered travel industry, Squeri reported that May 2021's bookings are 95% of what they were in May 2019.</p>\n<p>American Express is evolving into a lifestyle, Squeri added, and that's good for millennials that want access and experiences, both of which American Express can provide.</p>\n<p>Turning to the topic of small businesses, Squeri noted that small businesses also love American Express and thanks to their recent acquisition of Cabbage, a digital cash management platform, they can now provide more services to business than ever before.</p>\n<p>American Express is also working hard to support minority-owned businesses. Squeri said that they offer access to capital, grant, mentoring and leadership training to minority businesses.</p>\n<p>On<b>Real Money</b>, Cramer keys in on the companies and CEOs he knows best.</p>\n<p><b>Off the Tape:&nbsp;Solana Labs</b></p>\n<p>In his \"Off The Tape\" segment, Cramer spoke with Anatoly Yakovenko, co-founder and CEO of the privately-held Solana Labs, which just raised $314 million to bring the next generation cryptocurrency applications to market.</p>\n<p>Yakovenko explained that while blockchain technologies are revolutionary, the systems they're currently built on are way too slow to keep up with their growth. Many of the transactions happening today are running on technology that's more than 10 years old.</p>\n<p>Solana's systems are optimized for today's technologies, Yakovenko said. They aim to provide services that are \"blockchain at the speed of Nasdaq.\" Solana's platform is already clocking in at 65,000 transactions per second, on par with Visa's&nbsp;(<b>V</b>) &nbsp;processing capabilities.</p>\n<p>Solana is still in startup mode with no earnings to speak of, Yakovenko said, but every day developers are switching to Solana's platform and building their applications, so it won't be long before growth begins to accelerate.</p>\n<p><b>What's the Point?</b></p>\n<p>Think you're \"sticking it to the man\" with your portfolio? If so, Cramer said if you're likely just hurting yourself.</p>\n<p>Case in point: Corsair Gaming&nbsp;(<b>CRSR</b>), the high-end peripheral maker. Shares surged in early trading after being mentioned on WallStreetBets, only to have the short sellers swoop in and erase most of those gains by the close. Cramer said if you bought shares over $40, you got hurt big time. But that's what happens when you follow a meme.</p>\n<p>Sure, Corsair has a great quarter this time around, but does the stock have the staying power to support these levels? Probably not. By comparison, long-time Cramer favorite Logitech&nbsp;(<b>LOGI</b>)&nbsp;also makes gaming peripherals and that company has proven it has staying power both in the home and in the workplace.</p>\n<p><b>Lightning Round</b></p>\n<p>Here's what Cramer had to say about some of the stocks that callers offered up during the \"Mad Money Lightning Round\" Monday evening:</p>\n<p>Johnson &amp; Johnson&nbsp;(<b>JNJ</b>): \"This stock has a big development pipeline and that's why it keeps going up.\"</p>\n<p>Lockheed Martin&nbsp;(<b>LMT</b>): \"I think this one is money. I say go with it.\"</p>\n<p>Vulcan Materials&nbsp;(<b>VMC</b>): \"This one has a bad chart but, boy, is that a good company. \"</p>\n<p>ViacomCBS&nbsp;(<b>VIACA</b>): \"I kinda like the media stocks. I think they're going to have a good Fall season.\"</p>\n<p>OraSure Technologies&nbsp;(<b>OSUR</b>): \"There are so many at-home test kits now. No, I can't recommend it.\"</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cramer's Mad Money Recap: FAANG, Microsoft, PayPal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCramer's Mad Money Recap: FAANG, Microsoft, PayPal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 17:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/jim-cramer/cramers-mad-money-recap-june-14-2021><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jim Cramer says investors should think of this market as a supermarket, where smart stock shoppers can pick from among the best values available.\n\nInvestors can expect more days like today, days where...</p>\n\n<a href=\"https://www.thestreet.com/jim-cramer/cramers-mad-money-recap-june-14-2021\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc.","NFLX":"奈飞","ROKU":"Roku Inc","TWLO":"Twilio Inc","SQ":"Block","CRSR":"Corsair Gaming, Inc.","AMZN":"亚马逊","V":"Visa","MSFT":"微软","DOCU":"Docusign","ADBE":"Adobe","LOGI":"罗技","PYPL":"PayPal","AAPL":"苹果","AXP":"美国运通"},"source_url":"https://www.thestreet.com/jim-cramer/cramers-mad-money-recap-june-14-2021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191265676","content_text":"Jim Cramer says investors should think of this market as a supermarket, where smart stock shoppers can pick from among the best values available.\n\nInvestors can expect more days like today, days where some stocks are red hot while others are dropping like a stone, Jim Cramer told his Mad Money viewers Monday.\nUntil we hear what the Federal Reserve has planned on Wednesday, Cramer said investors are likely to continue dumping the industrials and the banks in favor of the secular growth names.\nThe stock market is indeed a market, after all, one made up of thousands of different stocks. That means it rarely trades as a single entity, Cramer reminded viewers. But before you pass the \"buy\" button on your favorite growth stock, Cramer reminded viewers that not all growth is the same.\nDown one shopping aisle are what Cramer dubbed the senior growth stocks, tried-and-true names like FAANG (Cramer's acronym for Facebook (FB) , Amazon (AMZN) , Apple (AAPL) Netflix (NFLX)  and Alphabet (GOOGL) , along with Microsoft (MSFT) , Adobe Systems (ADBE) , Square (SQ) and PayPal (PYPL). On another aisle in this market are the junior growth names like Twilio (TWLO), Roku (ROKU), Etsy (ETSY) and DocuSign (DOCU). Cramer remains a believer in the senior names, but felt the junior names may be risky.\nLikewise, Cramer said he's not willing to give up on growth with steelmakers, miners and oil. That's because even if the U.S. taps the brakes on interest rates, which he doesn't think will happen, the rest of the world still has a lot of growth ahead in the coming months.\nIn Cramer's view, the Fed is willing to sacrifice a little inflation if it means creating jobs and putting more people to work. That's a recipe for lots of sectors to continue their rally to new record highs.\nCramer and the AAP team are looking at everything from earnings and politics to the Federal Reserve.\nOff the Charts: Independence Day Patterns\nIn the \"Off The Charts\" segment, Cramer checked in with colleague Larry Williams for another take on the direction of the markets. This time, Williams looked at the market through the prism of the seasonal July 4 patterns.\nWilliams noted that the last week of June is historically the worst time to sell stocks, as they always sell off during that week. The week before however, specifically the 8th or 9th last trading day of the month, has proven to be a winner. This year, those days would be Friday, June 18 or Monday, June 21.\nAs for buying them your stocks back, Williams said that five days later is the sweet spot, or the first day after the holiday that the market trades higher.\nThis strategy has been a winner 21 of the past 22 years.\nExecutive Decision: American Express\nIn his first \"Executive Decision\" segment, Cramer spoke with Steve Squeri, chairman and CEO of American Express (AXP), which has rallied 38% so far this year.\nSqueri said the consumer is looking a lot better than we expected coming out of the pandemic. Credit debt is down, personal savings are up and there's a lot of pent up demand to get out and spend. Even in the beleaguered travel industry, Squeri reported that May 2021's bookings are 95% of what they were in May 2019.\nAmerican Express is evolving into a lifestyle, Squeri added, and that's good for millennials that want access and experiences, both of which American Express can provide.\nTurning to the topic of small businesses, Squeri noted that small businesses also love American Express and thanks to their recent acquisition of Cabbage, a digital cash management platform, they can now provide more services to business than ever before.\nAmerican Express is also working hard to support minority-owned businesses. Squeri said that they offer access to capital, grant, mentoring and leadership training to minority businesses.\nOnReal Money, Cramer keys in on the companies and CEOs he knows best.\nOff the Tape: Solana Labs\nIn his \"Off The Tape\" segment, Cramer spoke with Anatoly Yakovenko, co-founder and CEO of the privately-held Solana Labs, which just raised $314 million to bring the next generation cryptocurrency applications to market.\nYakovenko explained that while blockchain technologies are revolutionary, the systems they're currently built on are way too slow to keep up with their growth. Many of the transactions happening today are running on technology that's more than 10 years old.\nSolana's systems are optimized for today's technologies, Yakovenko said. They aim to provide services that are \"blockchain at the speed of Nasdaq.\" Solana's platform is already clocking in at 65,000 transactions per second, on par with Visa's (V)  processing capabilities.\nSolana is still in startup mode with no earnings to speak of, Yakovenko said, but every day developers are switching to Solana's platform and building their applications, so it won't be long before growth begins to accelerate.\nWhat's the Point?\nThink you're \"sticking it to the man\" with your portfolio? If so, Cramer said if you're likely just hurting yourself.\nCase in point: Corsair Gaming (CRSR), the high-end peripheral maker. Shares surged in early trading after being mentioned on WallStreetBets, only to have the short sellers swoop in and erase most of those gains by the close. Cramer said if you bought shares over $40, you got hurt big time. But that's what happens when you follow a meme.\nSure, Corsair has a great quarter this time around, but does the stock have the staying power to support these levels? Probably not. By comparison, long-time Cramer favorite Logitech (LOGI) also makes gaming peripherals and that company has proven it has staying power both in the home and in the workplace.\nLightning Round\nHere's what Cramer had to say about some of the stocks that callers offered up during the \"Mad Money Lightning Round\" Monday evening:\nJohnson & Johnson (JNJ): \"This stock has a big development pipeline and that's why it keeps going up.\"\nLockheed Martin (LMT): \"I think this one is money. I say go with it.\"\nVulcan Materials (VMC): \"This one has a bad chart but, boy, is that a good company. \"\nViacomCBS (VIACA): \"I kinda like the media stocks. I think they're going to have a good Fall season.\"\nOraSure Technologies (OSUR): \"There are so many at-home test kits now. No, I can't recommend it.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342626237,"gmtCreate":1618213029429,"gmtModify":1704707573620,"author":{"id":"3575105453410073","authorId":"3575105453410073","authorIdStr":"3575105453410073","name":"Zestreal","avatar":"https://static.tigerbbs.com/7e1afaa16d10699c7b0d6b04cb275935","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575105453410073"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342626237","repostId":"2126052169","repostType":4,"repost":{"id":"2126052169","pubTimestamp":1618209920,"share":"https://ttm.financial/m/news/2126052169?lang=&edition=fundamental","pubTime":"2021-04-12 14:45","market":"us","language":"en","title":"Korean ‘Webtoons’ Firm Eyes $18 Billion Value from U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2126052169","media":"Bloomberg","summary":"Kakao’s digital comics arm seeks more than $17.8 billion valueKakaoBank and Kakao Pay are other Kaka","content":"<ul><li>Kakao’s digital comics arm seeks more than $17.8 billion value</li><li>KakaoBank and Kakao Pay are other Kakao units that could list</li></ul><p>Kakao Entertainment Corp. is considering New York as a venue for its planned float next year, the latest South Korean company to look into a U.S. initial public offering after e-commerce giant Coupang Inc.’s blockbuster listing in March.</p><p>A float could value the digital comic and movie-making unit of South Korean mobile tech giant Kakao Corp. at more than 20 trillion won ($17.8 billion), double its current worth, its chief executive said in an interview with Bloomberg.</p><p>Kakao Entertainment Chief Executive Lee Jinsoo said that the company is looking into New York where Coupang’s float was the biggest U.S. initial public offering since Uber Technologies Inc.’s 2019 listing. He said he doesn’t rule out a local offering.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd075a2052ba3854d506eda1d6071ca8\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"><span>Lee Jinsoo at Kakao Entertainment’s headquarters on March 29.Photographer: Jean Chung/Bloomberg</span></p><p>“Coupang’s listing gave me hope that Korean businesses with global potential like Kakao Entertainment can get a much better valuation than they would have before,” said Lee, adding that the company plans to prepare for an IPO a year from now.</p><p>The company is just <a href=\"https://laohu8.com/S/AONE\">one</a> of a long list of Korean startups said to be exploring U.S. IPOs since Coupang raised $4.6 billion in the largest float by a Korean firm in more than a decade. Others on the cards include Coupang e-commerce rival Market Kurly, and Viva Republica Ltd., operator of Korea’s largest fintech startup, Toss, which said a stateside listing was among its options in a May interview.</p><p>Kakao Entertainment, whose online-based web cartoons or “webtoons” are popular at home and in Japan, is planning to spend 1 trillion won ($889 million) this year alone to buy assets overseas or home, he said. It’s currently in talks to acquire the management rights of U.S.-based online fiction app Radish and U.S. webtoon platform Tapas Media Inc., a company official said after the interview.</p><p>Competing with Korean tech giant Naver Corp.’s webtoon and web novel unit, Kakao Entertainment has big plans to go global. It is counting on the growing popularity of Korean culture, manifested by K-pop sensations like boyband BTS and the movie Parasite, which won four Oscars last year.</p><p>Already, it’s winning fans in Japan, the world’s biggest comics market. The Piccoma manga app, owned by both Kakao Entertainment and its parent, was, in fact, the country’s most popular manga app last year. Its webtoon sales tripled last year to 414.6 billion won ($371 million). Kakao Entertainment-owned webtoons accounted for 40% of Piccoma’s sales according to the company.</p><p>“The Japanese digital comics market could triple in three to four years,” Hyundai Motor Securities Co. analyst Kim Hyunyong said, adding global digital comics and web fiction markets are expected to grow 30% annually.</p><p>Lee, 47, quit internet giant Naver Corp. at the end of 2009 and with seed money from his former boss at the Korean internet giant, Kakao founder Kim Beom-su, launched a startup called Podotree which sliced digital comics into shorter and cheaper chapters, soon turning a profit. Podotree was taken over by Kakao in 2015 and renamed Kakao Page.</p><p>Kakao Page allows you to pay for each chapter of a webtoon unless you can wait a few days by which time it is free. It merged with Kakao’s talent agency and record label unit Kakao M earlier this year, creating Kakao Entertainment.</p><p>“Our goal is to establish our webtoon platform around the world, in every country in every language. We are at about 10% of that goal,” Lee said. Kakao Entertainment’s webtoons are already in more than five languages, including Indonesian.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Korean ‘Webtoons’ Firm Eyes $18 Billion Value from U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKorean ‘Webtoons’ Firm Eyes $18 Billion Value from U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 14:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-12/korean-digital-comics-firm-eyes-u-s-ipo-after-coupang-s-success?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kakao’s digital comics arm seeks more than $17.8 billion valueKakaoBank and Kakao Pay are other Kakao units that could listKakao Entertainment Corp. is considering New York as a venue for its planned ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-12/korean-digital-comics-firm-eyes-u-s-ipo-after-coupang-s-success?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","UBER":"优步"},"source_url":"http://bloomberg.com/news/articles/2021-04-12/korean-digital-comics-firm-eyes-u-s-ipo-after-coupang-s-success?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126052169","content_text":"Kakao’s digital comics arm seeks more than $17.8 billion valueKakaoBank and Kakao Pay are other Kakao units that could listKakao Entertainment Corp. is considering New York as a venue for its planned float next year, the latest South Korean company to look into a U.S. initial public offering after e-commerce giant Coupang Inc.’s blockbuster listing in March.A float could value the digital comic and movie-making unit of South Korean mobile tech giant Kakao Corp. at more than 20 trillion won ($17.8 billion), double its current worth, its chief executive said in an interview with Bloomberg.Kakao Entertainment Chief Executive Lee Jinsoo said that the company is looking into New York where Coupang’s float was the biggest U.S. initial public offering since Uber Technologies Inc.’s 2019 listing. He said he doesn’t rule out a local offering.Lee Jinsoo at Kakao Entertainment’s headquarters on March 29.Photographer: Jean Chung/Bloomberg“Coupang’s listing gave me hope that Korean businesses with global potential like Kakao Entertainment can get a much better valuation than they would have before,” said Lee, adding that the company plans to prepare for an IPO a year from now.The company is just one of a long list of Korean startups said to be exploring U.S. IPOs since Coupang raised $4.6 billion in the largest float by a Korean firm in more than a decade. Others on the cards include Coupang e-commerce rival Market Kurly, and Viva Republica Ltd., operator of Korea’s largest fintech startup, Toss, which said a stateside listing was among its options in a May interview.Kakao Entertainment, whose online-based web cartoons or “webtoons” are popular at home and in Japan, is planning to spend 1 trillion won ($889 million) this year alone to buy assets overseas or home, he said. It’s currently in talks to acquire the management rights of U.S.-based online fiction app Radish and U.S. webtoon platform Tapas Media Inc., a company official said after the interview.Competing with Korean tech giant Naver Corp.’s webtoon and web novel unit, Kakao Entertainment has big plans to go global. It is counting on the growing popularity of Korean culture, manifested by K-pop sensations like boyband BTS and the movie Parasite, which won four Oscars last year.Already, it’s winning fans in Japan, the world’s biggest comics market. The Piccoma manga app, owned by both Kakao Entertainment and its parent, was, in fact, the country’s most popular manga app last year. Its webtoon sales tripled last year to 414.6 billion won ($371 million). Kakao Entertainment-owned webtoons accounted for 40% of Piccoma’s sales according to the company.“The Japanese digital comics market could triple in three to four years,” Hyundai Motor Securities Co. analyst Kim Hyunyong said, adding global digital comics and web fiction markets are expected to grow 30% annually.Lee, 47, quit internet giant Naver Corp. at the end of 2009 and with seed money from his former boss at the Korean internet giant, Kakao founder Kim Beom-su, launched a startup called Podotree which sliced digital comics into shorter and cheaper chapters, soon turning a profit. Podotree was taken over by Kakao in 2015 and renamed Kakao Page.Kakao Page allows you to pay for each chapter of a webtoon unless you can wait a few days by which time it is free. It merged with Kakao’s talent agency and record label unit Kakao M earlier this year, creating Kakao Entertainment.“Our goal is to establish our webtoon platform around the world, in every country in every language. We are at about 10% of that goal,” Lee said. Kakao Entertainment’s webtoons are already in more than five languages, including Indonesian.","news_type":1},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":342626237,"gmtCreate":1618213029429,"gmtModify":1704707573620,"author":{"id":"3575105453410073","authorId":"3575105453410073","authorIdStr":"3575105453410073","name":"Zestreal","avatar":"https://static.tigerbbs.com/7e1afaa16d10699c7b0d6b04cb275935","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575105453410073"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342626237","repostId":"2126052169","repostType":4,"repost":{"id":"2126052169","pubTimestamp":1618209920,"share":"https://ttm.financial/m/news/2126052169?lang=&edition=fundamental","pubTime":"2021-04-12 14:45","market":"us","language":"en","title":"Korean ‘Webtoons’ Firm Eyes $18 Billion Value from U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2126052169","media":"Bloomberg","summary":"Kakao’s digital comics arm seeks more than $17.8 billion valueKakaoBank and Kakao Pay are other Kaka","content":"<ul><li>Kakao’s digital comics arm seeks more than $17.8 billion value</li><li>KakaoBank and Kakao Pay are other Kakao units that could list</li></ul><p>Kakao Entertainment Corp. is considering New York as a venue for its planned float next year, the latest South Korean company to look into a U.S. initial public offering after e-commerce giant Coupang Inc.’s blockbuster listing in March.</p><p>A float could value the digital comic and movie-making unit of South Korean mobile tech giant Kakao Corp. at more than 20 trillion won ($17.8 billion), double its current worth, its chief executive said in an interview with Bloomberg.</p><p>Kakao Entertainment Chief Executive Lee Jinsoo said that the company is looking into New York where Coupang’s float was the biggest U.S. initial public offering since Uber Technologies Inc.’s 2019 listing. He said he doesn’t rule out a local offering.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd075a2052ba3854d506eda1d6071ca8\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"><span>Lee Jinsoo at Kakao Entertainment’s headquarters on March 29.Photographer: Jean Chung/Bloomberg</span></p><p>“Coupang’s listing gave me hope that Korean businesses with global potential like Kakao Entertainment can get a much better valuation than they would have before,” said Lee, adding that the company plans to prepare for an IPO a year from now.</p><p>The company is just <a href=\"https://laohu8.com/S/AONE\">one</a> of a long list of Korean startups said to be exploring U.S. IPOs since Coupang raised $4.6 billion in the largest float by a Korean firm in more than a decade. Others on the cards include Coupang e-commerce rival Market Kurly, and Viva Republica Ltd., operator of Korea’s largest fintech startup, Toss, which said a stateside listing was among its options in a May interview.</p><p>Kakao Entertainment, whose online-based web cartoons or “webtoons” are popular at home and in Japan, is planning to spend 1 trillion won ($889 million) this year alone to buy assets overseas or home, he said. It’s currently in talks to acquire the management rights of U.S.-based online fiction app Radish and U.S. webtoon platform Tapas Media Inc., a company official said after the interview.</p><p>Competing with Korean tech giant Naver Corp.’s webtoon and web novel unit, Kakao Entertainment has big plans to go global. It is counting on the growing popularity of Korean culture, manifested by K-pop sensations like boyband BTS and the movie Parasite, which won four Oscars last year.</p><p>Already, it’s winning fans in Japan, the world’s biggest comics market. The Piccoma manga app, owned by both Kakao Entertainment and its parent, was, in fact, the country’s most popular manga app last year. Its webtoon sales tripled last year to 414.6 billion won ($371 million). Kakao Entertainment-owned webtoons accounted for 40% of Piccoma’s sales according to the company.</p><p>“The Japanese digital comics market could triple in three to four years,” Hyundai Motor Securities Co. analyst Kim Hyunyong said, adding global digital comics and web fiction markets are expected to grow 30% annually.</p><p>Lee, 47, quit internet giant Naver Corp. at the end of 2009 and with seed money from his former boss at the Korean internet giant, Kakao founder Kim Beom-su, launched a startup called Podotree which sliced digital comics into shorter and cheaper chapters, soon turning a profit. Podotree was taken over by Kakao in 2015 and renamed Kakao Page.</p><p>Kakao Page allows you to pay for each chapter of a webtoon unless you can wait a few days by which time it is free. It merged with Kakao’s talent agency and record label unit Kakao M earlier this year, creating Kakao Entertainment.</p><p>“Our goal is to establish our webtoon platform around the world, in every country in every language. We are at about 10% of that goal,” Lee said. Kakao Entertainment’s webtoons are already in more than five languages, including Indonesian.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Korean ‘Webtoons’ Firm Eyes $18 Billion Value from U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKorean ‘Webtoons’ Firm Eyes $18 Billion Value from U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 14:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-12/korean-digital-comics-firm-eyes-u-s-ipo-after-coupang-s-success?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kakao’s digital comics arm seeks more than $17.8 billion valueKakaoBank and Kakao Pay are other Kakao units that could listKakao Entertainment Corp. is considering New York as a venue for its planned ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-12/korean-digital-comics-firm-eyes-u-s-ipo-after-coupang-s-success?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc.","UBER":"优步"},"source_url":"http://bloomberg.com/news/articles/2021-04-12/korean-digital-comics-firm-eyes-u-s-ipo-after-coupang-s-success?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126052169","content_text":"Kakao’s digital comics arm seeks more than $17.8 billion valueKakaoBank and Kakao Pay are other Kakao units that could listKakao Entertainment Corp. is considering New York as a venue for its planned float next year, the latest South Korean company to look into a U.S. initial public offering after e-commerce giant Coupang Inc.’s blockbuster listing in March.A float could value the digital comic and movie-making unit of South Korean mobile tech giant Kakao Corp. at more than 20 trillion won ($17.8 billion), double its current worth, its chief executive said in an interview with Bloomberg.Kakao Entertainment Chief Executive Lee Jinsoo said that the company is looking into New York where Coupang’s float was the biggest U.S. initial public offering since Uber Technologies Inc.’s 2019 listing. He said he doesn’t rule out a local offering.Lee Jinsoo at Kakao Entertainment’s headquarters on March 29.Photographer: Jean Chung/Bloomberg“Coupang’s listing gave me hope that Korean businesses with global potential like Kakao Entertainment can get a much better valuation than they would have before,” said Lee, adding that the company plans to prepare for an IPO a year from now.The company is just one of a long list of Korean startups said to be exploring U.S. IPOs since Coupang raised $4.6 billion in the largest float by a Korean firm in more than a decade. Others on the cards include Coupang e-commerce rival Market Kurly, and Viva Republica Ltd., operator of Korea’s largest fintech startup, Toss, which said a stateside listing was among its options in a May interview.Kakao Entertainment, whose online-based web cartoons or “webtoons” are popular at home and in Japan, is planning to spend 1 trillion won ($889 million) this year alone to buy assets overseas or home, he said. It’s currently in talks to acquire the management rights of U.S.-based online fiction app Radish and U.S. webtoon platform Tapas Media Inc., a company official said after the interview.Competing with Korean tech giant Naver Corp.’s webtoon and web novel unit, Kakao Entertainment has big plans to go global. It is counting on the growing popularity of Korean culture, manifested by K-pop sensations like boyband BTS and the movie Parasite, which won four Oscars last year.Already, it’s winning fans in Japan, the world’s biggest comics market. The Piccoma manga app, owned by both Kakao Entertainment and its parent, was, in fact, the country’s most popular manga app last year. Its webtoon sales tripled last year to 414.6 billion won ($371 million). Kakao Entertainment-owned webtoons accounted for 40% of Piccoma’s sales according to the company.“The Japanese digital comics market could triple in three to four years,” Hyundai Motor Securities Co. analyst Kim Hyunyong said, adding global digital comics and web fiction markets are expected to grow 30% annually.Lee, 47, quit internet giant Naver Corp. at the end of 2009 and with seed money from his former boss at the Korean internet giant, Kakao founder Kim Beom-su, launched a startup called Podotree which sliced digital comics into shorter and cheaper chapters, soon turning a profit. Podotree was taken over by Kakao in 2015 and renamed Kakao Page.Kakao Page allows you to pay for each chapter of a webtoon unless you can wait a few days by which time it is free. It merged with Kakao’s talent agency and record label unit Kakao M earlier this year, creating Kakao Entertainment.“Our goal is to establish our webtoon platform around the world, in every country in every language. We are at about 10% of that goal,” Lee said. Kakao Entertainment’s webtoons are already in more than five languages, including Indonesian.","news_type":1},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187846563,"gmtCreate":1623750274952,"gmtModify":1704210423808,"author":{"id":"3575105453410073","authorId":"3575105453410073","authorIdStr":"3575105453410073","name":"Zestreal","avatar":"https://static.tigerbbs.com/7e1afaa16d10699c7b0d6b04cb275935","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575105453410073"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187846563","repostId":"1191265676","repostType":2,"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}